São Paulo, August 11th, 2016 - Springs Global Participações S.A.(Springs Global), the Americas largest company in bedding, tabletop and bath products, reported in the second quarter of 2016 (2Q16) net revenue of R$ 518.2 million, continuing its course of growth, with margin expansion, for the sixth consecutive quarter.

The highlights of Springs Globals performance in 2Q16 were:

Net revenue of R$ 518.2 million, 1.9% higher than the second quarter of 2015 (2Q15)

Gross margin of 27.9%, with a 0.2 percentage point (pp) expansion against 2Q15

EBITDA of R$ 60.9 million, with a year-over-year (yoy)1 increase of 16.1%

EBITDA margin of 11.7%, against 10.3% in 2Q15¹

Income from operations amounted to R$ 41.5 million, 26.6% higher yoy¹

Rebalancing of the capital structure with exchange rate exposure of total debt in line with the operational cash generation by geography and the beginning of the export program

Springs Global will host a conference call and webcast today, August 11th, 2016, at 11 am São Paulo time, 10 am New York time and 3 pm London time, in Portuguese with simultaneous translation to English.

Earnings conference call - 2Q16

Date: 08/11/2016 Time: 11 am São Paulo time / 10 am New York time / 3 pm London time